REFERENCE: Operation Bernhard was a covert German operation to mass manufacture counterfeit banknotes (pounds and US dollars) that operated during World War II. The operation was led by SS Sturmbannführer Bernhard Krueger, by whose name it was named. Kruger picked up among the Jewish prisoners of Sachsenhausen and other concentration camps a team of 142 people, which included counterfeiter Solomon Smolyanov, as well as engravers, printers and artists. Two separate barracks in Sachsenhausen were allocated for secret production, where those who participated in the work were provided with better living conditions than ordinary prisoners. Work began in 1942. A lot of time was spent on organizing production: making printed matrices, selecting the desired composition of paper, watermarks and disclosing the algorithm for generating serial numbers.
  
 
 
 
 BY5th  
 
 
 cat. # P
 
 face value
 
 year
 
 Description/Notes
 
  OBVERSE
 
 REVERSE
                
                
                  
                  
 
 P:335a
 
 5 pounds
 
 1935
 
 
 Sign.Peppiat London 18 March
                  
                    
                  
                
				
                  
                  
 
 P:335a
 
 5 pounds
 
 1937
 
 
 Sign.Peppiat London 24 Feb.
                  
                    
                  
                    
RIS.1, RIS.2)
                  
                    
                  
                    
                  
                
				
                  
                  
 
 P:336
 
 10 pounds
 
 1934
 
 Sign.Peppiat London
                  
                    
                  
                
				
                  
                  
                  
                    
                
				
                  
                  
 
 P:330
 
 £20
 
 1930
 
 Sign.Catters London
                  
                    
                  
                    
                  
                
				
                  
                  
 
 P:330
 
 £20
 
 1932
 
 Sign.Catters London
                  
                    
                  
                
				
                  
                  
 
 P:330
 
 £20
 
 1934
 
 Sign.Peppiat London
                  
                    
                  
                    
                  
                
				
                  
                  
 
 P:330
 
 £20
 
 1935
 
 Sign.Peppiat London
                  
                    
                  
                    
                  
                
				
                  
                  
 
 P:330
 
 £20
 
 1936
 
 Sign.Peppiat London
                  
                    
                  
                    
                  
                
				
                  
                  
 
 P:330
 
 £20
 
 1936
 
 Sign.Peppiat London 7 Juni *1
                  
                    
                  
                    
                  
                
				
                  
                  
 
 P:338a
 
 £50
 
 1934
 
 Sign.Peppiat London
                  
                    
                  
                
				
                  
                  
 
 P:338a
 
 £50
 
 1937
 
 Sign.Peppiat London 15 May *1
                  
                    
 333333-Operation Bernhard 50lb-444444